Mahalaxmi Fabric Mills Ltd

AGM Details

• Date and time: Sep 30, 2026, 2:30 PM IST; mode: Video Conferencing.
• Meeting concluded at 2:59 PM IST.
• Voting cut-off date: Sep 23, 2026.
• Remote e-voting window: Sep 21, 2026 9:00 AM to Sep 29, 2026 5:00 PM.
• Voting available during AGM via e-voting.

Attendance & Scrutineer

• Quorum present; meeting chaired via VC.
• Directors, statutory auditor, secretarial auditor, and CFO attended.
• Scrutinizer appointed for e-voting: Rohit Periwal & Associates.

Mahalaxmi Fabric Mills Ltd – Closure of Trading Window

Financial performance

• Standalone revenue/income 5543.26 Lakhs; down from 6488.96.
• Standalone PBT (1233.37) Lakhs; turnaround from 483.53.
• Standalone PAT (1016.94) Lakhs; prior 361.59.
• Consolidated revenue 13905.68 Lakhs; down from 15518.98.
• Consolidated PBT (6.07) Lakhs; prior 1057.04.
• Consolidated PAT (2.39) Lakhs; prior 791.07.
• Basic EPS: Standalone -9.58; Consolidated -0.02.
• Dividend not declared for FY2025-26.

Fire event & exceptional items

• Fire at factory on 24 November 2024; total exceptional item 7.41 Crores.
• Production gradually resumed post-incident.

Capital structure & liquidity

• Standalone borrowings 3980.05 Lakhs; Consolidated 7729.24.
• Standalone current ratio 0.76; Consolidated 0.87.
• Standalone gearing 51.72%; Consolidated 78.14%.
• Cash and cash equivalents Standalone 13.33; Consolidated 95.20.

Material subsidiary

• Mahalaxmi Exports Pvt Ltd is a material subsidiary (100% holding).
• Subsidiary turnover 8216.27 Lakhs; PAT 1014.55.

Governance & audit

• Statutory auditors Jain Chowdhary & Co; Secretarial auditors Rohit Periwal & Associates appointed for 3-year term.
• Board met 8 times; independent directors declarations.
• Hilery Mashrani appointed Company Secretary & Compliance Officer on 14 May 2026.
• Secretarial audit reports: no qualifications; governance compliance verified.

Shareholder information

• Promoters hold 64.80%; public 26.49% as of 31.03.2026.
• Listed on BSE and NSE; ISIN INE0US801024.
• AGM on 30 Sep 2026; book closure 24-30 Sep 2026.

AGM Details

• AGM date/time/mode: 30 September 2026, 2:30 PM, via VC/OAVM.
• Record/book closure: 24–30 September 2026.
• Deemed venue: registered office.
• Format: held via VC/OAVM as per MCA circulars.

Key Resolutions

• Adopt Audited Standalone and Consolidated Financial Statements for year ended 31 March 2026.
• Re-appoint Anand Jeetmal Parekh as Managing Director; retirement by rotation.
• Appoint M/s Rohit Periwal & Associates as Secretarial Auditor for 2026-29; remuneration to be mutually agreed.

Voting Status

• Voting results not disclosed in the notice.
• Remote e-voting window: 27–29 September 2026.

Director Appointment

• Anand Jeetmal Parekh re-appointed as MD; eligible and willing to continue.

Secretarial Auditor Appointment

• Resignation of Malay Desai & Associates as Secretarial Auditor, effective 2026-27.
• New Secretarial Auditor: Rohit Periwal & Associates for 2026-29; remuneration to be mutually agreed.
• Term: three consecutive financial years.

Approval & period

• Board approved unaudited standalone and consolidated Q1 FY27 results for quarter ended 30 June 2026.
• Consolidated revenue from operations Rs 3,080.5 lakhs; total revenue Rs 3,115.89 lakhs.
• Consolidated PAT Rs 3.91 lakhs; consolidated EPS Rs 0.04.
• Standalone revenue from operations Rs 1,399.81 lakhs; total revenue Rs 1,623.80 lakhs.
• Standalone PAT Rs -177.51 lakhs; standalone EPS Rs -0.67.
• MEPL's share of group revenue Rs 1,692.09 lakhs; PAT Rs 181.45 lakhs; OCI Nil.
• One reportable segment; Mahalaxmi Exports Private Limited is a wholly owned subsidiary.

Auditors & notes

• Audit Committee reviewed and Board approved the results; standalone results reviewed via limited review.
• Consolidated results include Mahalaxmi Exports Private Limited (MEPL).

Filing context

• Issuer Mahalaxmi Fabric Mills Ltd is the filer; no meeting date/time or agenda disclosed.

Secretarial auditor resignation

• M/s Malay Desai & Associates resigned as secretarial auditor, effective July 27, 2026.
• Resignation cited pre-occupation with other assignments.
• The company has no objection to appointing a replacement secretarial auditor.
• Intimation under Regulation 30 SEBI LODR disclosed; Annexure A provides details.